This monthly report features a commentary on the Government Development Bank’s Economic Activity Index (GDB-EAI), a coincident index for the economy of Puerto Rico. The GDB-EAI is a valuable tool that summarizes the behavior of four major monthly economic indicators. Up to March 2012, these indicators were: total payroll employment, cement sales, gasoline consumption, and electric power consumption. As of April 2012, the electric power consumption variable was replaced by the electric power generation variable as the fourth indicator. |